Curomax Limited announced that Bank of America will be the launch lender to introduce the Curomax Internet loan origination platform to RV and marine dealer clients.
Earlier this week, Canadian-based Curomax announced it would be increasing its presence in the United States.
According to a press release, the online service will become available to Bank of America clients later this year and “will automate the process of financing an RV or marine product, enabling dealers to submit consumer loan applications electronically and improve their ability to track the status of individual deals.”
Curomax representatives demonstrated the technology this week at the 2004 RV Dealers International Convention/Expo in booth 401.
“It’s important to us to give dealers the products and services that help them do business,” said Eric Telljohann, president of Bank of America Specialty Group. “This platform is a promising new avenue to enhance the loan origination process.”
“We worked with Bank of America Specialty Group to provide their dealers a sophisticated e-commerce solution,” said Alan Bird, president and CEO of Curomax Corp. “Their reputation and position in the marketplace makes them the ideal lender for us as we expand across the United States.”